PANNING CAPITAL MANAGEMENT, LP Information

510 MADISON AVE., NEW YORK, New York, 10022, (212) 916-1860

Report Date: 03/31/2014

Position Statistics

Total Positions 16
New Positions 3
Increased Positions 7
Decreased Positions 9
Positions with Activity 16
Sold Out Positions 7
Total Mkt Value (in $ millions) 197

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods 0%
Conglomerates
Consumer Cyclical 0.91%
Consumer/Non-Cyclical
Energy 0%
Financial 36.61%
Healthcare
Services 0%
Technology
Transportation 6.55%
Utilities 18.94%

16 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
GENWORTH FINL INC COM CL A 72,142 -25,639 (26.22) 4,412,365
NAVIGATOR HOLDINGS LTD SHS 58,867 11,969 25.52 2,025,000
AMERICAN AIRLS GROUP INC COM 14,046 14,046 New 336,997
BALTIC TRADING LIMITED COM 12,906 532 4.30 2,426,000
DYNEGY INC NEW DEL WT EXP 100217 11,955 39 .32 4,300,398
KINDER MORGAN INC DEL WT EXP 052517 10,748 1,484 16.02 3,693,597
NEXTERA ENERGY INC CORP UNIT 8,800 8,800 New 158,900
BOARDWALK PIPELINE PARTNERS LP UT LTD PARTNER 5,832 5,832 New 300,000
GENERAL MTRS CO WT EXP 071019 1,786 -16,483 (90.22) 100,681
AMBAC FINL GROUP INC COM NEW -5,645 Sold Out 0
GENERAL MTRS CO COM -5,007 Sold Out 0
GENERAL MTRS CO WT EXP 071016 -3,315 Sold Out 0
HERTZ GLOBAL HOLDINGS INC COM -8,532 Sold Out 0
LYON WILLIAM HOMES CL A NEW -10,666 Sold Out 0
OCWEN FINL CORP COM NEW -22,744 Sold Out 0
YPF SOCIEDAD ANONIMA SPON ADR CL D -8,975 Sold Out 0